43 CFR § 3903.40 - Rentals.

---
identifier: "/us/cfr/t43/s3903.40"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3903.40 - Rentals."
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3903.40"
section_name: "Rentals."
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3900"
part_name: "OIL SHALE MANAGEMENT—GENERAL"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "30 U.S.C. 189, 359, and 241(a), 42 U.S.C. 15927, 43 U.S.C. 1732(b) and 1740."
regulatory_source: "73 FR 69469, Nov. 18, 2008, unless otherwise noted."
cfr_part: "3900"
---


# 3903.40 Rentals.

(a) The rental rate for oil shale leases is $2.00 per acre, or fraction thereof, payable annually on or before the anniversary date of the lease. Rentals paid for any 1 year are credited against any production royalties accruing for that year.

(b) The BLM will send a notice demanding payment of late rentals. Failure to provide payment within 30 calendar days after notification will result in the BLM taking action to cancel the lease (see § 3934.30 of this chapter).